Common use of Initial Conditions Precedent Clause in Contracts

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation Request) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 2 contracts

Sources: Senior Facilities Agreement (Sirona Dental Systems, Inc.), Senior Facilities Agreement (Sirona Dental Systems, Inc.)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation Requestand Conditions Subsequent) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 2 contracts

Sources: Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft), Term Facilities and Revolving Credit Agreement (SGL Carbon Aktiengesellschaft)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I 1 of Schedule 2 6 (Conditions Precedent to Delivery of a Utilisation RequestPrecedent) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company Co-ordinator and the Lenders promptly upon being so satisfied.

Appears in 2 contracts

Sources: Fleet Financing Facility Agreement (Avis Budget Group, Inc.), Avis Europe Interim Fleet Financing Facility Agreement (Avis Budget Group, Inc.)

Initial Conditions Precedent. No Borrower may deliver a the initial Utilisation Request in respect of any Facility unless the Facility Agent has received all of the documents and other evidence listed in Schedule 2 Part I of Schedule 2 (Initial Conditions Precedent to Delivery of a Utilisation Requestprecedent) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 2 contracts

Sources: Facility Agreement (Salton Inc), Facility Agreement (Salton Inc)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I III of Schedule 2 1 (Conditions Precedent precedent to Delivery of a initial Utilisation Request) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 2 contracts

Sources: Loan Facility Agreement (Falconbridge LTD), Loan Facility Agreement (Falconbridge LTD)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Facilities Agent has received all of the documents and other evidence listed in Part I A of Schedule 2 (Conditions Precedent to Delivery of a Utilisation Requestprecedent) in form and substance satisfactory to the Facility Facilities Agent. The Facility Facilities Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 2 contracts

Sources: Multicurrency Revolving Facilities Agreement (Carnival PLC), Facilities Agreement (Carnival PLC)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation Requestprecedent) in form and substance reasonably satisfactory to the Facility Agent. The Facility Agent shall notify the Company ABB and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Limited Liability Partnership Agreement (Abb LTD)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation RequestPrecedent) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Secured Facility Agreement (SBS Broadcasting S A)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation RequestCONDITIONS PRECEDENT) in form and substance reasonably satisfactory to the Facility Agent. The Facility Agent shall notify the Company ABB and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Facilities Agreement (Abb LTD)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I (Conditions Precedent to Initial Loan) of Schedule 2 (Conditions Precedent to Delivery of a Utilisation RequestPrecedent) in form and substance satisfactory to the Facility AgentAgent (or the Facility Agent is satisfied that, subject only to the making of Term Loans hereunder, it will receive such documents). The Facility Agent shall notify the Company Parent and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Yell Finance Bv)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation RequestInitial Utilisation) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.Facility

Appears in 1 contract

Sources: £200,000,000 Multi Currency Term, Revolving Credit Facilities Agreement (Iron Mountain Inc)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation Requestprecedent) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Facility Agreement (Sigma Aldrich Corp)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation RequestCONDITIONS PRECEDENT TO INITIAL UTILISATION) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company Parent and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Multi Currency Term, Revolving Credit Facilities Agreement (Iron Mountain Inc/Pa)

Initial Conditions Precedent. 4.1.1 No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 (Conditions Precedent to Delivery of a Utilisation RequestPrecedent) in form and substance satisfactory to the Facility Agent. The Facility Agent shall notify the Company Parent and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Zar Revolving Credit Facility Agreement (Gold Fields LTD)

Initial Conditions Precedent. No Borrower may deliver a Utilisation Request unless the Facility Agent has received all of the documents and other evidence listed in Part I of Schedule 2 Part 1 (Conditions Precedent to Delivery of a Utilisation RequestPrecedent) in form and substance reasonably satisfactory to the Facility Agent. The Facility Agent shall notify the Company and the Lenders promptly upon being so satisfied.

Appears in 1 contract

Sources: Syndicated Revolving Credit Agreement (Ibasis Inc)